H.R. 2871: To amend the Truth in Lending Act and the Federal Deposit Insurance Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, depository institutions and to prohibit insured depository institutions from making payday loans, and for other purposes. H.R. 2871: Payday Loan Reform Act of 2007 Sponsor introductory remarks on measure. (CR E1415) 2007-06-26 Referred to the House Committee on Financial Services. 2007-06-26 H.R. 2871: Payday Loan Reform Act of 2007 h H.R. 2871: Payday Loan Reform Act of 2007 (110th Congress) Payday Loan Reform Act of 2007 To amend the Truth in Lending Act and the Federal Deposit Insurance Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, depository institutions and to prohibit insured depository institutions from making payday loans, and for other purposes. 2007-06-26 110 2007-06-26 2871 introduced HouseBill LegislativeAction ShortTitle OfficialTitle